Posted by Tony on February 8, 2011 ·
Being frugal was seen by some as being mean while others saw it as a necessity and a virtue. Now being frugal is a great way to make it through tough economic times, but it doesn’t need to stop there. Living frugal is a way of believing that represents a particular attitude and respect toward revenue. Being frugal doesn’t mean you’re poor, it means you’re intelligent and conscientious [...]
Posted by Tony on February 8, 2011 ·
Save Money
There are two ways you can start getting out of debt – make more money or save money. Let’s start by saving money as it could go a long way towards helping your budget.
Cut back on coffee drinks. If you put into savings four dollars a day you would have spent on a latte at Starbucks, the money would grow in thirty years at five percent interest to $100,000. If you do just have to [...]
Posted by Tony on February 8, 2011 ·
Avoid Credit Card Debt
While economic experts argue whether the recession is over, or about o head into a double dip one or out into growth one thing is clear, many people are still in their personal recession with credit card problems heading the list of dangers.
According to a Reuters report, charge card defaults are attributed to unemployment, which rose to a 26-year high of 9.7 percent in August. [...]
Posted by Tony on February 8, 2011 ·
When people get into debt trouble they start hiding from the facts. Bills are left unopened and action is replaced with worry.
A better way is to take action and get organised. There’s no better way to keep on track with the bills then to have a scheme of organizing them. You’ll know where they are, when they need to be paid and how to find them if there’s ever a disagreement.
Purchase [...]